Press release

Valista® Nominated for ‘Best New Product’ at the Billing World & OSS Today Excellence Awards 2007 in the USA

Industry Recognition for Valista’s Solutions which Accelerate and Automate the Digital Commerce Process

DUBLIN, IRELAND and SAN MATEO, Calif — February 28, 2007 – Valista (www.valista.com), the leading provider of merchandizing, payments, settlement solutions accelerating the growth of digital commerce, has been nominated in the category of ‘Best New Product’ at the Billing & OSS World Excellence Awards 2007. Other companies shortlisted in the ‘Best New Product’ category along with Valista are: Aperio CI, NetScout, Progress, Syndesis.

This is a major endorsement by the global Billing & OSS industry of Valista’s merchandizing, payments and settlement solutions. The company enables Telecommunications, Internet and Content Providers, Media, Entertainment and Brand Companies to support the entire commerce ecosystem including end-to-end transaction management, advanced settlement, subscriptions, multi-merchant bundling, discounting, promotions and loyalty programs. Valista offers a wide range of implementation options, deploying best of breed application software, assisting with consulting and integration or delivering a complete managed service. Valista’s technology and services has been proven globally with innovators including: AOL, Cricket, Vodafone, NTT DoCoMo, France Telecom's w-HA, Orange, 3, mBlox, Hong Kong CSL and GTECH.

Now in their seventh year, the Billing & OSS World Excellence Awards recognize the best vendors in the billing and operations support system segments of the telecommunications industry. Before selecting the finalists, Billing World and OSS Today magazine editors thoroughly evaluated all of the nominations that were submitted and completed extensive research into the companies that were considered for each category.

This year’s complete list of finalists includes:

"The Billing & OSS Excellence Awards are one of the most prestigious awards in the billing and payments industry, designed to reward companies with specific recognition through a wide variety of award categories. They mark the importance of billing and payments technologies and set a high standard for these solutions worldwide. We are delighted to be a finalist for this award, which emphasizes the benefits our suite of digital commerce solutions brings to users worldwide," said Raomal Perera, Founder and Executive Chairman, Valista

Notes:
For more information, please contact:

Valista®
Evanna Kearins
Director, Marketing.
Email: marketing@valista.com

About Valista® Ltd.
Valista accelerates the growth of digital commerce with multi-channel merchandizing, payments and settlement solutions. The company enables mobile, broadband and cable operators, aggregators, media and entertainment companies to support the entire commerce ecosystem including end-to-end transaction management; advanced settlement; multi-merchant bundling, discounting, promotions and loyalty programs. Valista offers a wide range of implementation options: deploying best of breed application software, assisting with consulting and integration or delivering a complete managed services offering.

Valista’s technology and services has been proven globally with innovators including: U.S. Cellular, Cricket Communications, AOL, Vodafone, NTT DoCoMo, France Telecom's w-HA, Orange, 3, mBlox, Hong Kong CSL and GTECH.

Valista, ‘accelerating commerce’, ‘new ways to purchase with multiple ways to pay’, ‘payments software enabling the purchase of premium services’, ‘Valista Plus’, PaymentsPlus’, ‘OffersPlus’, ‘SettlementPlus’ are registered trademarks and trademarks of Valista Limited. All other trademarks and registered trademarks referenced in this document are the property of their respective owners.

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